Left in the session. Yeah. And, of course, it is that holiday shortened trading week so were watching this closely coming up on the show tesla shares surging up another 8 on the day. Tripled in the last six months were going to break down that move with former ford ceo mark fields and the Treasury Department says it has finalized terms of new loans to major American Airlines well speak with the ceo of Hawaiian Airlines in few minutes as well. Lets focus in on the big stories were watching in general today. Mike santoli is looking at market valuations with the dow above 26,000 Steve Liesman is breaking down todays better than expected jobs numbers and how to square the conflicting messages were getting about the economy. Meg tirrell monitoring cases weve seen in some states which dampened Market Sentiment when reported and Kayla Tausche is standing by for disclosures about who received billions in emergency aid from the government, but mike, first lets go to you. We have a tidy little r
On the street. You dont know how to manage this place. Well. [blathers] my name is marcus lemonis, and i fix failing businesses. I want 25 . Youre gonna make a decision now. I make tough decisions. Youre being demoted. Back them up with my own cash. Its not always pretty. Get your ass back here right now. This is business. I do it to save jobs, and i do it to make money. This is the profit. [upbeat music] jacob maarse florists is a pasadena institution. For 52 years he was the goto florist. The business made millions supplying flowers for president ial inaugurations, celebrity events, and the annual rose bowl parade. When jacob died in 2010, his son hank took over the business. Its been a very tough transition. Hank has struggled to lead. Therell be some growing pains. Um. So, well, first of all, im on the top, im the president , im the owner. Just three years later, revenue is down and those profits have turned into losses. Last year maarse generated 3. 6 million in revenue but still
Ill have to put a clear process in place and fix whats broken. You cant tell somebody else how to run their house when you cant run your own house right. Otherwise, this wouldbe empire will be a big, fat bust. Kathleen tell him, this is my livelihood. Lemonis my name is marcus lemonis, and i fix failing businesses. If you dont like money, dont follow my process. I make the tough decisions. Were closing the store. Were done. Im not talking about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Just about 15 miles south of pittsburgh in a small town called mcmurray, pennsylvania, theres a fast casual restaurant known as my big fat greek gyro. Michael what can i get for you . Woman gyro and fries. Lemonis husband and wife mike ference and kathleen kamoyerou. Kathleen they prefer our sauce.
My name is marcus lemonis, and i fix failing businesses. If you dont like money, dont follow my process. I make the tough decisions. Were closing the store. Were done. Im not talking about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Like, like, like that, like that the unique salon spa is a fullservice salon with four locations across long island, new york. Woman hey, what are we doing today . Lemonis they do everything from massages to nails. Woman 2 a Manicure Pedicure . Lemonis . But their primary focus is hair. Woman you look great. [ laughs ] lemonis 16 years ago, carolyn devito. Carolyn how can i help you . Lemonis . And her partner joe secreeti bought their first salon. And it expanded quickly, but there was trouble along the way, and their partnership blew up. Carolyn i cant
Have the numbers as soon as they hit the tape and show you the impact. Coronavirus keeping the c task force going indefinitely focusing on Vaccine Development and reopening the economy. Meanwhile some lawmakers looking to expand the Paycheck Protection Program and add more stimulus but others raising concerns about growing debt and deficit. Markets this morning pointing to higher opening. Take a look at futures, indicating market wills open higher in triple digits, dow up 3020 points, s p is up 41 and nasdaq higher by 138, one and a third percent, this after concerns of new china relations to china. Scope memo is out. Outlining authority to former special counsel Robert Mueller, it reveals probe went beyond and completely openended. The fallout coming out. People are working out and playing video games, pelaton surging 66 , the company boosting Sales Outlook and the stock flexing muscle as well. Stock up 17 in premarket. Fortnite becoming one of the most Popular Video games ever surpas